Calpers Head of Global Proxy Voting Todd Mattley joins The News Hub with his agency's take on a push by David Einhorn to get Apple to share more cash with its investors. (Photo: Getty Images)

This transcript has been automatically generated and may not be 100% accurate.

... the the ... what the big institutional investor ... one Templeton to twelve week along with some glee head of global proxy voting act of this e joins us ... from Sacramento thanks for joining us up ... I appreciate it ... so ... that the big question here is ... his Apple doing the white stuff waved its cash that they shed more the cash within Vestas was Cal coastline ... we don't get it ... Greenlight Capital proposal ... aam but we have been reading our vote on ... a screen to share owner rights ... and create an approval the proposal ... to be with the majority voting in director elections ... and the elimination of blank check preferred stock ... and don't weigh in on ... the cash ... she learned that even Apple has ... the prom to have ... and a foothold improved and can emanated ... Apple shares again positioning the shares would think that ... so you you think maybe you should put holds on Sunday a benefit to shareholders but you still wants ... me to process to be gone through a voting is that that's correct right ... I have to share I and and and they have ... to be reconnected ... so what what is I just wanna throw the present he wanted to show all this ... vote ... against this until you're one is Shell's what overall the shareholders' vote vote vote against it ... and that is that of the stalk you still support it ... although ... I'm in ... Portland ... I think that ... this proposal member to hadn't been ... given direction and would actually drink ... I'm ... meanwhile can ... come in and out ... and ... get rewarded with the intent to share our I've been that perspective you can take ... okay so it has been shoveled the riots that you're more interested in ... on ... the cash I mean one of the things that sound a lot of people at teaching business goes that if he wanted to have a lot of cash in your investment you can a money market funds ... you wouldn't buy stop by buying stock you want something to be done with the cash isn't that a reasonable expectation ... I want to argue that again I think that that you know we ... had to share happily hold them for demand and accountable for any ... avid traveler ... I ... so I know how and when that team ... so um well we we will leave it that is anything I mean you mentioned in the pen to write this I'm very quickly ... aam you want to vote saying on direct is not just appointed by the appellant CEO ... you have your friend majority voting yes ... very strong and getting shoppers have shown awry and majority voting ... rights and fundamental ... to write stuff thank you Brian much so efficient I was told Manly head of global proxy running at Cal doesn't have an enormous amount of money to invest